1999 / 2000 Budget
The City Budget for 1999/2000 has been completed. The total
appropriation recommended for all funds for the 1999?2000 fiscal
year, excluding General Fund transfers to other funds, is
$16,876,407. Included is $2,000,000 in anticipated building
construction expenditures for the new Public Safety building
project. The issuance of bonds is anticipated to provided these
funds.
The proposed operating millage rate for the 1999-2000 financial
plan remains at 7.679 mills, plus the existing .8 mills for debt
service. Budget increases are primarily due to a projected increase
in services required by the new Rivertown Crossings Mall. These
additional expenditures are fully funded by the increased property
tax revenue generated from the Mall.
General Fund revenues are projected to total $6,761,972 for the
1999-2000 fiscal year. The majority of general fund revenue comes
from property taxes (53.5%) and federal and state shared revenues
(25.1%). Property tax revenue is estimated to increase by 11.8% over
the prior year. General Fund expenditures include a wide array of
city services including police, fire, district court, parks and
recreation, cemetery, general administration and many others.
A primary emphasis in this year's budget is Major and Local
Streets. The City Council continues to emphasize improvements
necessary to maintain the integrity of our street system.
Significant additional allocations from the General Fund have been
authorized for both Major and Local Streets: $680,000 to Major
Streets, and $290,000 to Local Streets. The most significant
projects are the reconstruction of 44th Street from Wilson to Canal,
and median improvements on Rivertown Parkway.
The Water and Wastewater rates will remain stable for this year.
There are no anticipated expenses that would cause rates to increase
at this time. The City of Grandville, however, purchases its water
from Wyoming and is therefore somewhat dependent upon the Wyoming
wholesale rate schedule.
The City's Financial Plan can be reviewed at the Treasurer's
Office in City Hall.
Contact the webmaster by clicking here.
Comments regarding website technical problems can be sent here.
An online community since 2000.
City of Grandville
3195 Wilson Avenue SW
Grandville, MI 49418
(616) 531-3030
This page last modified
07/01/11 .
All information © 2004 Grandville, Michigan
Site Use Policy
Site Design/
Development by
 |
|
Treasurer
